Instant Mint & Redeem of JitoSOL Is Now Live on Anchorage

Anchorage Digital, home to the only federally chartered crypto bank in the United States, has expanded its support for JitoSOL. Institutional clients can now custody, mint, and redeem JitoSOL end-to-end inside the Anchorage platform, with the same workflow rolling out soon to Porto, Anchorage’s self-custody wallet.

Why this matters

• The entire user experience is in one streamlined venue: Custody, mint, and redeem activities all happen behind Anchorage’s HSM-secured walls; no more shuttling SOL in and out of external wallets.
• Bank-grade infrastructure for Solana staking: Anchorage Digital Bank N.A. remains the only federally chartered crypto bank in the U.S., while Anchorage Digital Singapore holds an MAS MPI licence.
• Enhances liquidity-friendly staking: JitoSOL has many benefits including the ability to be used as collateral at prime brokers and banks, or on other DeFi applications. JitoSOL is structured as a continuously compounded total return product that accrues both staking and MEV rewards over time.
• Lays the groundwork for future products: Staking-enabled ETFs need in-kind creation/redemption, deep liquidity, and bank-grade custody. Anchorage’s native mint-and-redeem flow gives JitoSOL all three, positioning it perfectly for future ETF (and other institutional) products.

For more detail on the integration, read our press release here.